Unmanned Ground Vehicle Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2032 #107
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The Unmanned Ground Vehicle (UGV) market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAGR of 7.1% during the forecast period to the latest analysis by Emergen Research. Increased demand for UGVs in civilian applications is one of the key factors driving market revenue growth. Civilian services include home use and rescue missions. Cleaning floors and harvesting crops are examples of home utilization. Unmanned Ground Vehicles (UGVs) are employed in rescue missions, such as in the event of a disaster. The requirement for perimeter and border protection has raised the demand for civilian applications. In addition, autonomous UGVs are used to detect persons and analyze catastrophe damage during search and rescue operations. The environment can harm humans, such as exposure to hazardous compounds and radioactive radiation during natural disasters. Such dangerous circumstances are effectively dealt with the support of autonomous UGVs, which enable fast location of victims, rapid evaluation of losses, and prompt operations in the affected regions without risking human safety. Increasing advancement in UGVs is a key trend driving the growth of the market. The Department of Science and Technology (DST) has approved a budget of Rs. 135 crore for the establishment of India's first autonomous navigation system testbed (Terrestrial and Aerial).
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Unmanned Ground Vehicle products is expected to drive the demand for Unmanned Ground Vehicle, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market. Tools such as Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis are used to analyze their growth patterns and market scope for the forecast period of 2020-2027.
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The leading market contenders listed in the report are:
Northrop Grumman Corporation, L3 Harris Technologies Inc., Autonomous Solutions, ICOR Technology, Lockheed Martin Corporation, Cobham PLC, RE2 Inc., QinetiQ, BAE Systems, Nexter System
Key reasons to buy the Global Unmanned Ground Vehicle Market report:
The latest report comprehensively studies the global Unmanned Ground Vehicle market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now)@https://www.emergenresearch.com/request-discount/336
Market Segmentations of the Unmanned Ground Vehicle Market
Operation Mode Outlook (Revenue, USD Billion; 2017-2027)
Autonomous
Remotely Operated
Tethered
Mobility Outlook (Revenue, USD Billion; 2017-2027)
Wheeled
Tracked
Legged
Hybrid
System Outlook (Revenue, USD Billion; 2017-2027)
Payloads
Navigation System
Controller System
Power System
Others
Browse Full Report Description + Research Methodology + Table of Content + Infographics@https://www.emergenresearch.com/industry-report/unmanned-ground-vehicle-market
Regional Outlook of the Unmanned Ground Vehicle Market
The global Unmanned Ground Vehicle market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Unmanned Ground Vehicle market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Unmanned Ground Vehicle Market report:
The latest report comprehensively studies the global Unmanned Ground Vehicle market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Request Cumtomization as per your specific requirement@https://www.emergenresearch.com/request-for-customization/336
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